Do you have a general approach on how to tackle any market sizing question? Are there typical approaches? Do you have general tips that I can apply in case interviews in terms of market sizing questions?
Very thankful for any answer!
Cheers!
Do you have a general approach on how to tackle any market sizing question? Are there typical approaches? Do you have general tips that I can apply in case interviews in terms of market sizing questions?
Very thankful for any answer!
Cheers!
Hello Carol,
Market sizing questions are quite hard because there are some standard approaches but you have always to adapt them to the specific case.
Generally speaking, we can mention three different approaches:
In real cases you could also try to use more than one approach, one to obtain your estimation and the second one to do a sanity check of your result.
Feel free to text me if you want to discuss this further,
Luca
Hello!
Totally agree with Luca´s post.
Once you get them, market sizing exercises are actually easy, methodology is very very repetitive. However, until you reach that point, they seem scary.
The only way to get comfortable with them is actually to practice as much as possible, both theorical isolated problems -you can find plenty in this forum- and integrated market sizing exersises embebed in cases.
PM me if at a point you want a coach´s help with it, I have material for both types.
Hope it helps!
Cheers,
Clara
Hi Carol,
there are 4 main approaches for market sizing that help to cover basically all the situations (they are not the Cosentino’s ones, which are just a bad subset of the real ones). Most people forget at least one of them in their prep. Once you know the approaches, you won’t need much prep to master them. Please feel free to PM me for more info.
Best,
Francesco
Hi Carol, there are 3 main approaches to solve all the market sizing questions. Happy to chat about these.
Best,
Antonello